If all goes according to plan, Finland will become the first European country to stop using coal, with a goal to phase out the energy source by 2025.
Currently, Finland imports all of its coal from nearby countries such as Russia and Poland. Annual import volumes range from less than 3 million to 9 million tons, depending on the rainy or dry climate, according to the Finnish Coal Infoassociation’s website.
Eliminating coal usage could help the country save millions of euros a year, since coal imports cost Finland between 70 million to more than 300 million euros ($91 million to more than $388 million) annually, according to Finnish Coal Info.
Instead of utilizing the fossil fuel, the country intends to increase sources of renewable energy ...